Maize and Milk & dairy

Their prices have moved together.

Maize (commodity) and Milk & dairy (commodity): 1 relationship.

How they are linked

1. Price link: feed cost

Cost and price · Moderate · Both ways

Maize silage and grain are the main feeds for US dairy cows, so feed prices affect milk supply. The index shows this over a year: monthly moves correlate at 0.12 and yearly moves at 0.40.

• 0.12 monthly change correlation
• 0.40 12-month change correlation
• 0.39 fitted elasticity

Built from the site data on production routes, energy flows, industry value chains, input-output tables and prices.